507 & 505 Alder Street, Leadville, CO 80461

$1,290,000
4
BD
4
BA
2,772
SqFt

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Courtesy of Aspen Leaf Realty . heatherlindh@gmail.com,719-486-1930

List Price
$1,290,000
Type
Single Family Residential
Property Sub Type
Single Family Residence
Status
ACTIVE
MLS Number
9377999
Bedrooms
4
Bathrooms
4
Sqft Total
2,772
Neighborhood
Alice Placer
Year Built
2019

Property Description

Built in 2019, this well-designed custom home offers modern comfort, mountain views, and incredible flexibility — featuring not one but two income-ready ADUs! The main level features an open-concept living and kitchen area with abundant natural light, a wood stove, and seamless flow for everyday living and entertaining. Also on this level are a ¾ bath, laundry, and a deck showcasing some of the most beautiful mountain views Leadville has to offer. You'll immediately notice the attention to detail throughout this beautiful home. Upstairs you'll find spacious bedrooms with large closets and two full bathrooms. The primary suite includes a double vanity, generous closet space, and a luxurious bathroom with heated floors, all with tasteful modern finish. The lower level offers a fully independent ADU with its own full kitchen, bedroom, living area, and full bathroom — ideal for rental income, guests, or multi-generational living. Tap and sewer fees have been paid, adding valuable peace of mind and utility. Adding even more versatility, a detached 2-car garage comes complete with a second ADU above — featuring a spacious 2 bedroom, 1 bath unit offering additional income potential or living space. Because the garage/ADU is on its own confirmed separate legal parcel, it adds significant standalone value — giving a buyer the rare opportunity to acquire additional rental income, a workshop/storage garage, or a true compound-style setup with two separately titled properties in one prime location. Ideally located on the corner of E 6th and Alder St, within an easy walk to downtown Leadville and within minutes of the East Side Trails, this home offers both convenience and direct access to outdoor recreation. Thoughtfully built with character and functionality, this property — with its main home, basement ADU, and detached garage ADU — provides exceptional versatility in a prime location! (Seller is willing to negotiate the house property w/o the garage/ADU)

Additional Information

View
City, Mountain(s)
Lot Size Acres
0.15
Lot Size Sq Ft
6,534
Tax Amount
$4,927
Tax Year
2025
Sewer
Public Sewer
Basement Type
Bath/Stubbed, Finished, Full, Walk-Out Access
Heating
Baseboard, Hot Water
Cooling
None
Fireplace Features
Family Room, Wood Burning Stove
School District
Lake County R-1
Elementary School
Westpark
Middle Or Junior School
Lake County
High School
Lake County
Parking Total Searchable
2

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